Lorenzo Protocol Launches USD1-Based Yield Testnet Fund - Crypto Economy

Lorenzo Protocol Launches USD1-Based Yield Testnet Fund - Crypto Economy

TL;DR Lorenzo’s USD1+ On-Chain Traded Fund is now live on the BNB Chain testnet, merging tokenized real-world assets, CeFi quantitative strategies, and DeFi yields into a single USD1-stablecoin product. Testers stake a minimum of 50 USD1 testnet tokens to mint sUSD1+, earning yields compounded directly in USD1, with withdrawals unlocked after a seven-day holding period on a biweekly schedule. The fund features live NAV updates, AML/compliance c…

Plume Crypto Surges After Trump’s USD1 Integration: Will the Rally Last?

Plume crypto is up 22% in the past 24 hours following the integration of USD1. The stablecoin by World Liberty Financial, a DeFi platform linked to the Trump family, now has a market cap of over $2.2 billion. The past 24 hours have been highly bullish for the crypto markets. After days of sideways movement following the surge on June 23, BTC ▲0.51% broke above $108,000 and is inching closer to all-time highs. Presently, the total crypto market c…